Fibonacci Retracements Analysis

Fibonacci retracements are actively used by traders, when they study how impulses are formed and try to find levels of possible trend corrections. Fluctuations in the prices of certain assets often repeat the Fibonacci sequence. As a result, they may have some additional information on possible direction of the currency market movement in the future.

Fibonacci analysis is a popular and useful tool for a trader, it works well for both long and short timeframes. This page presents Fibonacci analysis from RoboForex experts that will help you invest more wisely. To make trading even more efficient, combine Fibonacci analysis with other technical analysis tools such as Ichimoku indicators and Japanese candlesticks.

25.09.2018

EUR/USD and USD/JPY Fibo Analysis: 25.09.2018

On H4, the EUR/USD broke out the latest high, and the uptrend went to the post correctional extension range.
24.09.2018

Fibo Analysis for GOLD and USD/CHF: 24.09.2018

On H4, gold is moving inside a correctional range after hitting 23.60% Fibo.
20.09.2018

Fibo Analysis: AUD/USD and USD/CAD, 20.09.2018

On H4, the AUDUSD is forming an ascending trend after converging.
19.09.2018

Fibo Analysis: GBP/USD and USD/JPY, 19.09.2018

On H4, the GBP/USD continues its uptrend.
18.09.2018

EUR/USD and USD/JPY Fibo Analysis: 18.09.2018

On H4, the EUR/USD is rising again inside a correctional uptrend.
17.09.2018

Fibo Analysis for GOLD and USD/CHF: Sep 17, 2018

On H4, gold is moving inside a correctional range after hitting 23.60% Fibo.
13.09.2018

Fibonacci Retracements Analysis 13.09.2018 (AUDUSD, USDCAD)

Probably, AUDUSD may try to reverse its tendency.
12.09.2018

Fibonacci Retracements Analysis 12.09.2018 (GBPUSD, EURJPY)

As we can see in the H4 chart, GBPUSD has reached the retracement of 23.6% and right now is still being corrected upwards.